Financial Control Board Gives NYC’s Finances A Thumbs-Up – CBS Local

CBS Local

Financial Control Board Gives NYC's Finances A Thumbs-Up
CBS Local
The state created the Financial Control Board in 1975 when the city was teetering on the edge of bankruptcy. When the crisis was over, the board gave up its power, but every year it meets to look over the city's balance sheet. Though one board member ...
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